Qeqertalik Business Council A/S — Credit Rating and Financial Key Figures

CVR number: 42041149
Niels Egedesvej 6, 3950 Aasiaat
info@qbc.gl
tel: 558282
www.qbc.gl

Credit rating

Company information

Official name
Qeqertalik Business Council A/S
Established
2021
Company form
Limited company
Industry

About Qeqertalik Business Council A/S

Qeqertalik Business Council A/S (CVR number: 42041149) is a company from QEQERTALIK. The company reported a net sales of 3.9 mDKK in 2024, demonstrating a growth of 1.5 % compared to the previous year. The operating profit percentage was at 11.4 % (EBIT: 0.4 mDKK), while net earnings were 367.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.4 %, which can be considered good but Return on Equity (ROE) was 26.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Qeqertalik Business Council A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales3 437.503 806.253 863.353 921.30
Gross profit1 792.652 244.322 343.612 479.32
EBIT326.10173.39445.99448.61
Net earnings217.32122.90362.81367.28
Shareholders equity total717.32840.221 203.031 570.32
Balance sheet total (assets)1 525.631 368.791 808.166 082.75
Net debt- 921.44-1 136.71-1 653.41-5 545.41
Profitability
EBIT-%9.5 %4.6 %11.5 %11.4 %
ROA21.4 %12.0 %30.5 %12.4 %
ROE30.3 %15.8 %35.5 %26.5 %
ROI31.3 %18.3 %47.0 %34.8 %
Economic value added (EVA)230.2375.94291.55275.69
Solvency
Equity ratio47.0 %61.4 %66.5 %25.8 %
Gearing43.6 %
Relative net indebtedness %-12.8 %-16.4 %-27.3 %-27.2 %
Liquidity
Quick ratio1.62.32.81.2
Current ratio1.62.32.81.2
Cash and cash equivalents1 233.941 136.711 653.415 545.41
Capital use efficiency
Trade debtors turnover (days)0.80.40.2
Net working capital %13.2 %17.0 %27.6 %27.6 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:12.4%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.8%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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